Stocks Sink Amid Fears Of New COVID-19 Variant

The transcript discusses the market sell-off triggered by a new COVID variant, affecting global stocks and oil prices. Major stock exchanges in cities like London, Tokyo, and Hong Kong experienced declines. A foreign exchange expert noted that investors tend to react quickly and seek more information later, highlighting a cautious approach amid uncertainty.

What event has caused a market sell-off according to the video?

• A natural disaster

• A political election

• A new COVID variant

• A technological breakthrough

Which of the following markets were affected by the sell-off?

• New York and Sydney

• London and Tokyo

• Paris and Rome

• Moscow and Dubai

How did oil prices react to the new COVID variant?

• They increased

• They decreased

• They remained stable

• They fluctuated wildly

What is the general approach of investors in response to the new variant?

• Ignore the news and continue as usual

• Act first and ask questions later

• Wait for more information before acting

• Invest more in technology stocks

What is the sentiment of investors towards the new COVID variant?

• Optimistic

• Cautious

• Indifferent

• Excited